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(offshoreWIND.biz) A 26 MW offshore wind turbine has been rolled off the production line by China’s Dongfang Electric Corporation (DEC) in Fuzhou, Fujian Province. The company said the offshore wind turbine is tailored for areas with wind speeds of 8 m/s and above and has strong resistance to typhoons and corrosion. The wind turbine’s hub... Continue Reading →
(CPG) With new contracts, billion-dollar investments and overcoming a crisis that almost paralyzed the sector, Brazilian companies are ready for a new cycle of growth. The Brazilian maritime support segment has suffered a drastic decline in recent years. In 2014, more than 500 vessels were active in the country, but in 2019, that number fell... Continue Reading →
(Reuters) South Korean conglomerate Hanwha Group on Monday raised its offer for the remaining stake it does not already own in Singapore's Dyna-Mac, valuing the offshore oil and gas contractor at S$790.6 million ($605.41 million). The improved offer of S$0.67 per share represents a 35.4% premium to Dyna-Mac's last traded price on Sept. 10, before... Continue Reading →
(Reuters) - Brazil's Petrobras is set to reduce planned investments for next year, despite requests by the government for the state-run oil firm to increase CAPEX, three sources close to the matter told Reuters. The firm foresaw $21 billion of investments for next year, but spending could be down to around $17 billion, according to initial... Continue Reading →
(OE) SLB’s OneSubsea joint venture has secured a major contract by Petrobras to deliver full subsea equipment scope for one of Brazil’s five largest producing assets. As part of the project scope, OneSubsea will provide two subsea production manifolds, one electro-hydraulic distribution unit and additional related services. The project supports the further development of the... Continue Reading →
Petrobras will build its first pilot plant for renewable hydrogen generation at the Vale do Açu Thermoelectric Power Plant, in Alto do Rodrigues, Rio Grande do Norte. The project, with a total budget of R$ 90 million and carried out in cooperation with the Senai Institute for Innovation in Renewable Energies (Senai ISI-ER), will have... Continue Reading →
(OE) North Star has launched a partnership which includes MO4, Principle Power, SMST, Vard, and Voith Group to fast-track the development of high-performance operations and maintenance ships tailored for floating offshore wind farms. The companies have signed a memorandum of understanding (MoU) to establish a dedicated working group of industry experts to help fast-track the... Continue Reading →
(OE) Schottel Marine Technologies has released a report highlighting the potential of its Swift Anchor technology, which found it could deliver up to 12% of Levelised Cost of Energy (LCoE) savings for floating wind farms. The study was carried out in collaboration with London Marine Consultants (LMC) and BVG Associates (BVGA). The 12% LCoE savings... Continue Reading →
(offshore-energy.biz) With upgrades and sea trials now out of the way, a newbuild ultra-deepwater drillship is ready to embark on a voyage to Brazil, where it will begin its maiden offshore drilling assignment with the South American country’s energy giant Petrobras. Once Eldorado Drilling, an offshore drilling player backed by a group of well-known Norwegian investors,... Continue Reading →
Three new floating offshore wind projects have signed contracts with Norway's test facility METCentre to trial new technologies aimed at reducing costs of floating offshore wind. The companies that have signed with METCentre will demonstrate floaters with 15 + MW turbines. This is the turbine size that will be relevant for future floating offshore wind... Continue Reading →
Brazil Energy Insight 